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Schmitt Industries Inc

0.0217

0.0000 (0.00%)

Last Update: 01 Jul 2025 16:30:00

Yesterday: 0.0217

Day's Range: 0.0217 - 0.0217

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Schmitt Industries Inc is a publicly traded company headquartered in Portland, Oregon, United States. The company was founded in 1987 and specializes in the design, manufacture, and sale of precision measurement and process control systems for a variety of industrial applications.

Schmitt Industries has two main business segments: the Measurement segment and the Process Equipment segment. The Measurement segment provides laser-based measurement systems that are used in a range of applications, including surface roughness, dimensional measurement, and tire and wheel balancing. The Process Equipment segment provides equipment for the production of photovoltaic cells and wafers, as well as equipment for the semiconductor industry.

The company's products are sold globally, with a significant portion of sales coming from the United States and Asia. Schmitt Industries has a strong commitment to research and development, with a focus on developing innovative products that meet the evolving needs of its customers. The company has a team of engineers and technicians who work closely with customers to provide customized solutions to their measurement and process control challenges.

In recent years, Schmitt Industries has undergone a number of changes, including the sale of its SBS Balancing business in 2018 and the acquisition of Ample Hills Holdings in 2021. The company has also expanded its product offerings through strategic partnerships and acquisitions.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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